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  • Dong-A Socio Holdings plans ST Pharm takeover bid
    Dong-A Socio Holdings plans ST Pharm takeover bid
    Dong-A Socio Holdings (000640) announced on Aug. 24 that it plans to purchase 3.3 million shares, equivalent to 17.69 percent of total issued shares, of its affiliate ST Pharm (237690) in a takeover bid. The purchase price is 53,690 won (US$47.90) per share and the offering period is from Sept. 13 to Oct. 4. 　The firm added it has placed a bid to qualify as a holdings company.By Jung Min-kyung (mkj1105@heraldcorp.c...
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Dong-A Socio Holdings plans ST Pharm takeover bid

Aug. 25, 2016 - 10:40 By 정민경
[DISCLOSURE] Dong-A Socio Holdings (000640) announced on Aug. 24 that it plans to purchase 3.3 million shares, equivalent to 17.69 percent of total issued shares, of its affiliate ST Pharm (237690) in a takeover bid. The purchase price is 53,690 won (US$47.90) per share and the offering period is from Sept. 13 to Oct. 4.

The firm added it has placed a bid to qualify as a holdings company.

By Jung Min-kyung (mkj1105@heraldcorp.com)
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